The world of connected health is rapidly advancing as technology continues to evolve and expand. Although telehealth was commonly used before COVID-19, the pandemic propelled the use due to the increasing need of virtual healthcare options. Online connected health service provides patients with reliable and secure medical care.
Remote patient monitoring (RPM) is among the most prevalent sectors in the growing telehealth space. In fact, the global remote patient monitoring market is estimated to reach approximately $175 billion by 2027, up from $53.6 billion in 2022, resulting in a compound annual growth rate of 26.7 percent during the forecast period. One of the largest drivers to this growth is the sizable aging population.
Technology opens the door for an endless number of opportunities, especially in the connected health space. RPM provides patients and medical professionals the tools to access healthcare virtually. Advanced IoT technology leverages data to increase communication protocols, engagement, and independent decision-making.
Some of the main benefits of remote patient monitoring can include, but are not limited to:
The use cases in this area are numerous but some examples include:
Check out some of our additional use case examples in the infographic here.
One of KORE’s customers, Livongo, a personal healthcare leader and IoT innovator, needed a solution that would help their patients with self-treatment options. Livongo turned to KORE to navigate the complexities of the regulatory landscape and to identify the correct connectivity to use in their solutions.
For more information and a closer look into this use case, download the case study, “Livongo Case Study: IoT Empowers People with Chronic Diseases to Achieve Quality of Life” here.
KORE is an expert in deploying, managing, and scaling IoT solutions. We are here to help drive the next generation of connected health technology. Our comprehensive suite of technologies and services simplifies the complexity of remote diagnostics and outpatient monitoring.
Learn more about overcoming obstacles in RPM and the best practices to decrease your time to market in our on-demand webinar, “From Roadmap to Revenue with Remote Patient Monitoring” here.
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